KCAP FINL INC (KCAP) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of KCAP FINL INC (KCAP) from OUTPERFORM to NEUTRAL on October 17, 2012, with a target price of $10.50.

KCAP Financial Inc. is an internally managed business development company. The Company's middle market investment business originates, structures, finances and manages a portfolio of term loans, mezzanine investments and selected equity securities in middle market companies. KCAP Financial Inc., formerly Kohlberg Capital Corp., is based in the New York.

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